YEARLY HIGH
0.0068 NZD
YEARLY LOW
0.0026 NZD
YEARLY AVERAGE
0.0051 NZD

2017 SYP to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SYP to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 0.0068. Conversely, the yearly low was recorded on September 23, dropping to 0.0026.

This high-to-low spread represents a total annual volatility of 0.0042 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0066 to the December average rate of 0.0028, the exchange rate registered a net change of -57.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0068 was down 3.90% compared to the 2016 peak of 0.0071, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SYP based on timing:

Yearly Peak High 34 NZD
2016 Average 33 NZD
Yearly Trough Low 13 NZD
Transaction Impact: A difference of 20.92 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0071
0.0023
JanuMarcMayJulySeptNove

SYP to NZD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0066, compared to 0.0035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.0066
H2 Avg (Jul–Dec) 0.0035

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0037 NZD (High: 0.0064 / Low: 0.0027). On the other end, November was the most stable month, with a tight range of 0.0001 NZD (High: 0.0029 / Low: 0.0028).

August Spread (Volatile) ±0.0037
November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0026 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 0.0067) against the same month in 2016 (average: 0.0067), the exchange rate shifted by +0.0000 (+0.14%).

2017 Avg (May) 0.0067
2016 Avg (May) 0.0067

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0068 0.0064 0.0066
February 0.0065 0.0064 0.0065
March 0.0068 0.0065 0.0067
April 0.0068 0.0066 0.0067
May 0.0068 0.0066 0.0067
June 0.0066 0.0064 0.0065
July 0.0065 0.0062 0.0063
August 0.0064 0.0027 0.0037
September 0.0027 0.0026 0.0027
October 0.0028 0.0027 0.0028
November 0.0029 0.0028 0.0028
December 0.0028 0.0027 0.0028